501 Forestview Dr, Lake Worth
Palm Beach County Real Estate - Lake Worth
Lake Worth is in South East Florida. It's population as recorded in the 2010 Census was 34,910. Lake Worth is approximately 58 miles from Miami (population 399,457) and around 54 miles from Hialeah (population 224,669).
The median age for residents of Lake Worth is 35. Around 30.1% of Lake Worth households include school aged children and 22.1% of households include individuals aged 65 years or over. Census records indicate 60% of the Lake Worth population are White, 19.8% are Black or African American, 5.6% American Indian, .9% Asian and 4.5% are Two or more Races. Lake Worth has a significant Hispanic population. 39.6% (13,834) of Lake Worth residents are of Hispanic or Latino origin. Of these 19.98% are of Mexican origin, 10.21% Puerto Rican, 10.39% Cuban and 59.4% are of other Hispanic or Latino origin.
There are 16,473 housing units in Lake Worth. 3,515 (21.3%) of these were reported as vacant in the 2010 Census. There are 7,843 residential rental units in Lake Worth. 6,535 of them were occupied in 2010 providing a residential rental vacancy rate of 16.1%.
Lake Worth links:
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Palm Beach County
Palm Beach County is part of the southeast Florida region along with Indian River, St. Lucie, Martin, Miami-Dade, Broward, and Monroe counties. Palm Beach County has 38 cities, towns and villages in total. West Palm Beach is the county's largest city and acts as the county seat. Palm Beach has a population over 1.3 million.
Palm Beach County has many wealthy towns such as Palm Beach, Boca Raton, and Jupiter, as well as a large equestrian population making it one of Florida's wealthiest counties. As a result, real estate prices are comparatively higher in Palm Beach County than most other counties in Florida.
Palm Beach County's major private sector employers are Tenet Healthcare Corporation, Hospital Corporation of America, Florida Power & Light, The Breakers, and Office Depot. Top public sector employers are Palm Beach County School Board, Palm Beach County, Florida Atlantic University, and Boca Raton Community Hospital. Palm Beach County considers agribusiness; aviation, aerospace, and engineering; equestrian; healthcare; green energy; and corporate headquarters to be among its main industries.
Boca Raton is in southern Palm Beach County and is known as the birthplace of the IBM personal computer. It still hosts a large research park focused on technological innovation. The city hosts the headquarters for Office Depot and GEO Group. Florida Atlantic University and Lynn University are both located in Boca Raton.
Neighboring Properties
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 497 Forestview Dr | Single Family | 2,286 | B |
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| 508 S Country Club Dr | Single Family | 2,774 | B |
|
| 512 S Country Club Dr | Single Family | 2,987 | B |
|
| 493 Forestview Dr | Single Family | 2,053 | B |
|
| 492 Forestview Dr | Single Family | 2,294 | B |
|
| 496 Forestview Dr | Single Family | 2,286 | B |
|
| 511 Forestview Dr | Single Family | 2,290 | B |
|
| 516 S Country Club Dr | Single Family | 3,154 | B |
|
| 504 S Country Club Dr | Single Family | 2,900 | B |
|
| 488 Forestview Dr | Single Family | 2,040 | B |
|
| 500 Forestview Dr | Single Family | 1,882 | B |
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| 489 Forestview Dr | Single Family | 2,286 | B |
|
| 515 Forestview Dr | Single Family | 2,234 | B |
|
| 514 Forestview Dr | Single Family | 2,025 | B |
|
| 483 Pine Tree Ct | Single Family | 1,907 | B |
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| 510 Forestview Dr | Single Family | 2,246 | B |
|
| 520 S Country Club Dr | Single Family | 3,581 | B |
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| 518 Forestview Dr | Single Family | 2,259 | B |
|
| 500 S Country Club Dr | Single Family | 3,389 | B |
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| 484 Forestview Dr | Single Family | 2,008 | B |
|
| 485 Forestview Dr | Single Family | 2,029 | B |
|
| 481 Pine Tree Ct | Single Family | 3,258 | B |
|
| 509 S Country Club Dr | Single Family | 3,171 | B |
|
| 519 Forestview Dr | Single Family | 2,307 | B |
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| 505 S Country Club Dr | Single Family | 3,680 | B |
|
| 515 Pine Tree Ct | Single Family | 2,031 | B |
|
| 513 S Country Club Dr | Single Family | 3,421 | B |
|
| 479 Pine Tree Ct | Single Family | 3,265 | B |
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| 522 Forestview Dr | Single Family | 2,270 | B |
|
| 524 S Country Club Dr | Single Family | 3,822 | B |
|
| 480 Forestview Dr | Single Family | 2,174 | B |
|
| 496 S Country Club Dr | Single Family | 3,455 | B |
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| 481 Forestview Dr | Single Family | 2,222 | B |
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| 501 S Country Club Dr | Single Family | 4,006 | B |
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| 519 Pine Tree Ct | Single Family | 2,345 | B |
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| 517 S Country Club Dr | Single Family | 3,431 | B |
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| 477 Pine Tree Ct | Single Family | 2,790 | B |
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| 523 Forestview Dr | Single Family | 2,234 | B |
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| 526 Forestview Dr | Single Family | 2,244 | B |
|
| 475 Pine Tree Ct | Single Family | 3,580 | B |
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| 476 Forestview Dr | Single Family | 2,211 | B |
|
| 4175 Willowood Ln | Single Family | 1,682 | B |
|
| 497 S Country Club Dr | Vacant Residential | 0 | L | |
| 4169 Willowood Ln | Single Family | 1,602 | B |
|
| 523 Pine Tree Ct | Single Family | 2,295 | B |
|
| 4181 Willowood Ln | Single Family | 1,176 | B |
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| 477 Forestview Dr | Single Family | 2,286 | B |
|
| 528 S Country Club Dr | Single Family | 3,302 | B |
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| 4163 Willowood Ln | Single Family | 1,682 | B |
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Local Household Income
The median household income in this part of Florida is $58,828. The bottom 10% of the population earn less than $15,713 per year. The top 10% earn more than $151,965 per year. The top 1% earn more than $508,812 per year. Most renters earn between $24,120 (20th percentile) and $44,712 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $117,656 and $147,070.
The tax assessed value of this property places it in percentile 69 of all properties in this area. This suggests it would appeal to someone earning around $86,876 per year who should qualify for a mortgage between $173,752 and $217,190.
Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates
Local Rents
The median monthly rent in this part of Florida is $1,028. Most renters earn between $2,010 and $3,726 per month. They typically spend 39% of their monthly income on rent. Most rents fall in the $781 (20th percentile) to $1,371 (80th percentile) range. The residential vacancy rate is 9%.
This property falls in percentile 69 of all properties in this area. This corresponds to a rent of $1,210 per month and a monthly household income of $3,257 ($39,084 per year)
Nearby Companies
521 S Country Club Dr
509 South Country Club Dr
508 S Country Club Dr
519 Forestview Dr
519 Forestview Dr
4550 Lantana Ct